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FCA pricing reform timetable is still ‘too short to be achievable’

By 2021-04-22T12:22:00

Reform timetable

Under two-thirds of insurers believe more time is needed to implement pricing changes

Just under two-thirds (60%) of UK insurers believe they need a minimum of nine months to successfully implement the FCA’s general insurance pricing reform, as opposed to the regulator’s extended deadline of the end of 2021, according to research by reinsurer Swiss Re and consultancy Oxbow Partners.

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